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05.01 - City Audit
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05.01 - City Audit
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CITY OF PEQUOT LAKES, MINNESOTA <br /> BALANCE SHEET <br /> GOVERNMENTAL FUNDS <br /> DECEMBER 31, 2014 <br /> Major Funds <br /> Fire <br /> General Department <br /> ASSETS <br /> Cash and Investments $ 1,398,598 $ 137,622 <br /> Petty Cash and Change Funds 942 - <br /> Taxes Receivable <br /> Current 30,386 - <br /> Noncurrent 156,186 - <br /> Special Assessments Receivable <br /> Current 225 - <br /> Accounts Receivable, Net of Allowance 10,335 1,278 <br /> Accrued Interest Receivable 393 - <br /> Due from Other Governments 795 - <br /> Due from Other Funds 1,524 - <br /> Debt Reserve Restricted Cash - 2,279 <br /> Land Held for Resale - - <br /> Loans Receivable - - <br /> Total Assets $ 1,599,384 $ 141,179 <br /> LIABILITIES, DEFERRED INFLOWS OF RESOURCES, <br /> AND FUND BALANCES <br /> LIABILITIES <br /> Accounts Payable $ 68,551 $ 13,890 <br /> Due to Other Governments 3,260 - <br /> Salaries Payable 20,544 - <br /> Due to Other Funds - - <br /> Total Liabilities 92,355 13,890 <br /> DEFERRED INFLOWS OF RESOURCES <br /> Unavailable for Taxes 156,186 - <br /> FUND BALANCES(DEFICITS) <br /> Nonspendable - - <br /> Restricted for Forfeiture 256 - <br /> Restricted for Park Dedication 28,285 - <br /> Restricted by Donor-Splash Park 15,000 fl - <br /> Restricted for Loans Receivable - - <br /> Restricted for Other Governmental Funds - - <br /> Restricted for Library 55,078 - <br /> Committed for Library 90,860 - <br /> Committed for Capital Outlay 154,723 26,309 <br /> Committed for Fire Protection Services - 100,980 <br /> Committed for Business Park - - <br /> Committed for Other Governmental Funds - - <br /> Unassigned 1,006,641 - <br /> Total Fund Balances (Deficits) 1,350,843 127,289 <br /> Total Liabilities, Deferred Inflows of Resources, <br /> and Fund Balances $ 1,599,384 $ 141,179 <br /> See accompanying Notes to Financial Statements. <br /> (19) <br />
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